Transaction in Own Shares

RNS Number : 4632Z

Intl. Biotechnology Trust PLC

26 May 2016

 

International Biotechnology Trust plc (the "Company")

Transaction in own shares

The Company announces that on 26 May 2016 it made a market purchase of 50,000 of its own Ordinary shares of 25p each, representing 0.13% of the issued share capital (excluding treasury shares).  The shares were bought at 442p per share and the Company intends to hold these shares in treasury.  These shares will only be re-issued at discounts which are less than the discounts at which the shares were bought.

Following this purchase, there are 38,342,663 Ordinary shares in issue (excluding treasury shares) and 4,000,000 Ordinary shares held in treasury.

Nariman Ghandhi

For and on behalf of

BNP Paribas Secretarial Services Limited

Company Secretary

Telephone:  [phone]

26 MAY 2016

 

END

 

 

POSEQLFLQEFEBBX